Tag: Gil Beserglik

54-year-old German Kai Petersen a/k/a Kai Haupt and his Israeli partners Gil Beserglik and his son Raz Beserglik have been major players in the binary options and forex fraud industry between 2014 and 2020. Their scam brands and boiler rooms have defrauded tens of thousands of investors out of as much as $100 million the SEC has alleged in a fraud lawsuit. The US regulator claims that Bloombex Options, Morton Finance, and Starling Capital ripped off $100 million. And these were only three of many other scams. On May 25, 2021, the SEC announced a cheap settlement in this case.

The German Kai Christian Petersen is accused by the U.S. SEC of being one of the masterminds of a worldwide binary fraud scheme. In September 2019, the SEC filed a complaint against Petersen and his Israeli partners Gil Beserglik and Raz Beserglik. German BaFin and other EU regulators have also issued cease-and-desist orders and warnings against Petersen's companies and brands. An excellent reason to disappear from the online public, isn't it?

On May 8, 2018, the German regulator BaFin issued an order that Kai Petersen's FinTech Service GmbH, registered in Dusseldorf, Germany, should cease support for scam brokers. An appeal against this order was denied by the court in Frankfurt. In September 2019, the U.S. SEC filed a complaint against Kai Petersen and his Israeli partners Gil Beserglik and Raz Beserglik charging them with binary options fraud. FinTelegram has reported and Kai Petersen has contacted FinTelegram to contest on of ten counts.

The U.S. authorities' crackdown on the binary options scammer has had a positive impact on retail investors worldwide. The...

The U.S. Securities and Exchange Commission (SEC) announced that three foreign individuals, Gil Beserglik (Israeli and lives in Germany),...